Most research focuses on the role of audit committees in the private sector and less in the public sector, especially public hospitals. Therefore, we investigate the role and quality of public hospital audit committees in controlling problems in financial reporting and in major Federal award...

In this paper, we build the rationale of the financial intermediate's decision of making loans to potential home buyers over an infinite time horizon. In the first period "good" borrowers with stable future income flows receive loans and buy homes. In later periods, the intermediate securitizes...

In this chapter, I comprehensively summarize the corporate structure of Chinese state-owned enterprises (SOEs) including their financial status, relationship with government and political background. I also provide an overview of government policies, content, means, procedures and legal problems...